Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Paradex+0.045%49s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.275% of the position
Funding, last 4 days (all we have)−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.045%, 7d avg −0.021%
=Together, before fees−0.092%+ Points / potential airdropParadex: Active · farm board−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.065% dearer against Paradex than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.021%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XRP-USD-PERP | 1.5172 | 0.0100 | pay 0.0100% / 8h | 6h 22m | $473K | $55K | 50x |
| Short | Bybit XRPUSDT | 1.5179 | 0.0100 | get 0.0100% / 8h | 6h 22m | $341.9M | $940.0M | 100x |
Paradex XRP-USD-PERP
Bybit XRPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Paradex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.045% → −0.021%
- $6.54
- Slippage, 4 orders
- −$12.54
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$21
- Costs to cover
- 0.275%
- Break-even
- never at this rate
Slippage from Paradex: live order book, 46 min ago; Bybit: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Paradex live order book, 46 min ago | 5.86 bp | 7.9 bp −$8 | 147.5 bp −$1,475 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.33 bp | 5.9 bp −$6 | 7.6 bp −$76 | 14.1 bp −$1,405 | 26.3 bp −$13.1K |
XRP on 50 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff XRP-PERP | −0.0080% | 1h | 1.5179 | +0.045% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5172 | −0.003% | $1.1M | $120K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5210 | +0.249% | $68K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5165 | −0.046% | $254K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0021% / S +0.0059% | 1h | 1.5165 | −0.048% | $801K | — | 200x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.556% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0040% | 1h | 1.5167 | −0.037% | $14.6M | $72.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0072% | 8h | 1.5169 | −0.021% | $62K | $953K | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5183 | +0.071% | $2.9M | $14.3M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5185 | +0.084% | $514K | $3.3M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Lighter XRP
Lighter RH XRPShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5158 | −0.094% | $11K | $307K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5170 | −0.011% | $911K | $5.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5172 | −0.003% | $38.6M | $84.2M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5177 | +0.032% | $609K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5184 | +0.077% | $538.6M | $2.10B | 100x | as long as short |
| Bybit XRPUSDTshort | +0.0100% | 8h | 1.5179 | +0.045% | $341.9M | $940.0M | 100x | |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5182 | +0.065% | $124.6M | $873.3M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5173 | +0.005% | $565K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5171 | −0.008% | $115K | $700K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5190 | +0.114% | $1.6M | $330K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5182 | +0.065% | $369.4M | $152.4M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5185 | +0.084% | $290.6M | $913.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5184 | +0.080% | $107.1M | $171.3M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5178 | +0.038% | $266.2M | $383.6M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5174 | +0.012% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5199 | +0.177% | $6.2M | $35.8M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5184 | +0.075% | $659K | $108.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5187 | +0.096% | $1.1M | $37.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5205 | +0.216% | $1.2M | $1.0M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5173 | +0.007% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5170 | −0.015% | $44K | $445K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5169 | −0.018% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5171 | −0.006% | $816K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5174 | +0.013% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5170 | −0.015% | $30K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5171 | −0.011% | $49.7M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5170 | −0.015% | $53.9M | $29.8M | 50x | as long as short |
| Paradex XRP-USD-PERPlong | +0.0100% | 8h | 1.5172 | long leg | $473K | $55K | 50x | |
| Extended XRP-USD | +0.0104% | 1h | 1.5182 | +0.068% | $2.1M | $6.9M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5167 | −0.038% | $58K | $25K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0128% | 1h | 1.5171 | −0.008% | $8K | $8K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0146% | 1h | 1.5172 | −0.001% | $7.6M | $25.3M | 50x | as long as short |
| Hyperliquid XRP | +0.0206% | 1h | 1.5190 | +0.117% | $281.2M | $221.7M | 20x | as long as short |
| Reya XRPRUSDPERP | +0.0214% | 1h | 1.5167 | −0.033% | $1.3M | $7K | 15x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0216% | 1h | 1.5176 | +0.025% | $5.7M | $46.7M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0320% | 1h | 1.5168 | −0.029% | $17K | $82K | 7x | as long as short |
| Backpack XRP_USDC_PERP | +0.0356% | 1h | 1.5175 | +0.018% | $1.9M | $1.3M | 25x | as long as short |
| Kalshi KXXRPPERP | +0.0361% | 8h | 1.5177 | +0.032% | $2.1M | $35.7M | 2.9x | as long as short |
| RISEx XRP/USDC | +0.0456% | 1h | 1.5171 | −0.005% | $533K | $785K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0753% | 1h | 1.5176 | +0.024% | $2K | $14K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Deribit XRP_USDC-PERPETUAL
Hyperliquid XRP
Reya XRPRUSDPERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Kalshi KXXRPPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD